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KRAKEN WINTERMUTE

Crypto OTC desks say trading volumes are ‘going gangbusters right now’

OTC crypto trading volumes have surged post-election, with firms expanding into riskier assets and preparing for heightened activity in 2025, driven by ETFs and derivatives.

theblock.co • 25/12/2024 - 17:01 PM

KRAKEN OPTIMISM

Kraken unveils Ethereum scaling layer Ink months ahead of schedule

Kraken has launched its Layer 2 blockchain, Ink, ahead of schedule, using Optimism's technology for scalability and interoperability, enhancing decentralization and accountability in the crypto space.

theblock.co • 18/12/2024 - 19:04 PM

ASIAN PARLIAMENTS BASE BITCOIN COINBASE ETHEREUM INVESTMENT FIRMS KRAKEN OPTIMISM ROLLUPS SPOT BITCOIN ETF SPOT ETHEREUM ETF TOKENS

Hong Kong's HashKey Group launches Ethereum Layer 2 HashKey Chain on mainnet

HashKey Group launched HashKey Chain on mainnet, achieving 25 million transactions during testnet, and supports developers with a $50 million grant program.

theblock.co • 18/12/2024 - 11:47 AM

BANKRUPTCY FILINGS FTX KRAKEN

FTX customers to get distributions through Kraken and BitGo with bankruptcy plan set to be effective on Jan. 3

FTX customers will receive bankruptcy distributions via Kraken and BitGo, effective January 2025, following the exchange's collapse and bankruptcy proceedings.

theblock.co • 16/12/2024 - 18:00 PM

KRAKEN

Kraken exchange operator fined $5 million in Australia for compliance failure

The Federal Court of Australia fined Bit Trade $5.1 million for regulatory noncompliance related to its crypto products, highlighting the need for clearer crypto legislation in Australia.

theblock.co • 12/12/2024 - 10:03 AM

BITCOIN BRIAN ARMSTRONG COINBASE CRYPTO DOGECOIN KRAKEN MEMECOINS SHIBA INU SPOT BITCOIN ETF TETHER TOKENS XRP

The Daily: Crypto prices plunge in South Korea as President declares martial law, XRP Ledger reduces account reserve to 1 XRP and more

Crypto markets react to South Korea's martial law; XRP reserve cut; BlackRock ETF hits BTC milestone; Coinbase CEO criticizes law firms hiring SEC staff; Pump.fun revenues soar.

theblock.co • 03/12/2024 - 19:28 PM

2024 ELECTIONS BRIAN ARMSTRONG CAMERON &AMP; TYLER WINKELVOSS COINBASE DONALD TRUMP ELON MUSK FDIC FEDERAL RESERVE GEMINI JESSE POWELL KRAKEN SEC

Crypto execs open up about debanking experiences following Trump's US election win

Following a16z co-founder Marc Andreessen’s recent interview on Joe Rogan’s podcast, several crypto execs opened up about their debanking experiences. The industry expects a more friendly incoming administration under Donald Trump following various pro-crypto campaign pledges, including shutting down “Operation Choke Point 2.0.”

theblock.co • 29/11/2024 - 13:20 PM

AIRDROP BASE BINANCE BITCOIN COINBASE CRYPTO DAOS DECENTRALIZED INFRASTRUCTURE ETHEREUM GOVERNANCE VOTES KRAKEN MEMECOINS POLYGON STRATEGIC INVESTMENTS TOKENS WALLET MAKERS

The Daily: Binance unveils reward-bearing asset BFUSD, Movement introduces the MOVE token and more

Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it. Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens. Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 26/11/2024 - 19:24 PM

KRAKEN

Kraken to close NFT marketplace, shift focus to other projects

After Nov. 27, 2024, users will no longer be able to list, bid on or sell items on Kraken’s NFT marketplace; they will only be able to withdraw assets. Kraken’s NFT marketplace will completely shut down on Feb. 27, 2025.

theblock.co • 26/11/2024 - 17:55 PM

2024 ELECTIONS BINANCE BITCOIN COINBASE CYNTHIA LUMMIS DONALD TRUMP ELON MUSK ETHEREUM FEDERAL RESERVE GARY GENSLER KRAKEN MINING COMPANIES ROBINHOOD SEC SENATE BANKING COMMITTEE TOKENS

What's next for the crypto industry following Donald Trump's election victory?

With Donald Trump securing victory in the U.S. presidential election and the prospect of a Republican-controlled House and Senate, speculation has begun on what’s next for the crypto industry ahead of his Jan. 20 inauguration. The crypto community wants to see Trump’s campaign promises — including appointing a crypto-friendly SEC Chair, commuting the sentence of Ross Ulbricht, and creating a national strategic bitcoin reserve — fulfilled.

theblock.co • 07/11/2024 - 12:10 PM

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